HWAY vs. DVAL ETF Comparison

Comparison of Themes US Infrastructure ETF (HWAY) to Dynamic US Large Cap Value ETF (DVAL)

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.07

Average Daily Volume

408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.00

Average Daily Volume

5,809

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	HWAY	DVAL
30 Days	0.61%	-1.64%
60 Days		0.24%
90 Days		5.83%
12 Months		21.76%

15 Overlapping Holdings

Symbol	Grade	Weight in HWAY	Weight in DVAL	Overlap
BCC	D	0.44%	0.22%	0.22%
BLDR	F	1.67%	1.92%	1.67%
CAT	B	4.59%	2.48%	2.48%
CSL	C	1.75%	1.04%	1.04%
CSX	F	4.13%	4.06%	4.06%
DE	B	4.41%	3.61%	3.61%
EXP	B	0.77%	0.05%	0.05%
MDU	F	0.44%	0.22%	0.22%
NSC	B	4.57%	2.35%	2.35%
NUE	F	2.71%	1.12%	1.12%
OC	B	1.22%	0.86%	0.86%
R	A	0.5%	0.19%	0.19%
RS	C	1.28%	0.94%	0.94%
STLD	A	1.52%	1.33%	1.33%
WCC	A	0.6%	0.02%	0.02%

HWAY Overweight 83 Positions Relative to DVAL

Symbol	Grade	Weight
UNP	D	4.47%
URI	B	4.4%
EMR	B	4.27%
PWR	B	3.5%
FAST	A	3.45%
GWW	A	3.35%
MLM	A	2.76%
WAB	B	2.64%
VMC	A	2.64%
XYL	F	2.49%
DOV	B	2.12%
EME	A	1.64%
J	D	1.4%
IEX	A	1.23%
ACM	A	1.12%
FIX	B	1.11%
GGG	D	1.1%
POOL	B	1.08%
TTEK	B	1.02%
BLD	F	0.96%
WMS	F	0.79%
MLI	A	0.73%
FLR	B	0.71%
DCI	B	0.71%
X	C	0.7%
AIT	A	0.66%
UFPI	C	0.62%
ATI	F	0.61%
CRS	B	0.6%
AA	B	0.59%
CR	B	0.58%
SSD	F	0.58%
TREX	B	0.54%
OSK	C	0.53%
VMI	A	0.52%
AGCO	C	0.51%
CLF	C	0.48%
AZEK	C	0.48%
CMC	A	0.47%
APG	B	0.46%
WTS	D	0.44%
DY	C	0.43%
VNT	B	0.42%
HRI	A	0.41%
ZWS	A	0.41%
SKY	C	0.4%
SUM	A	0.38%
KNF	A	0.38%
STRL	B	0.37%
ACA	B	0.35%
SWX	C	0.34%
VRRM	F	0.31%
MSM	D	0.28%
GVA	A	0.28%
ROAD	B	0.27%
TEX	F	0.27%
ATKR	F	0.25%
NPO	F	0.24%
TRN	C	0.22%
CVCO	A	0.2%
AZZ	D	0.15%
ROCK	D	0.15%
HEES	B	0.14%
MYRG	B	0.14%
APOG	A	0.12%
GBX	A	0.12%
HLIO	A	0.12%
ALG	C	0.12%
JBI	F	0.11%
LNN	C	0.1%
NVEE	D	0.1%
DNOW	F	0.1%
WOR	F	0.1%
WS	A	0.09%
BXC	A	0.08%
MRC	F	0.08%
KALU	B	0.08%
CENX	B	0.07%
ASTE	C	0.06%
RYI	C	0.05%
HAYN	A	0.05%
DXPE	C	0.05%
MTUS	F	0.04%

HWAY Underweight 99 Positions Relative to DVAL

Symbol	Grade	Weight
LMT	D	-4.64%
IBM	C	-4.49%
AFL	D	-4.46%
CMCSA	A	-4.27%
TMUS	B	-3.66%
CSCO	B	-3.4%
HON	B	-3.27%
GM	B	-2.91%
COP	D	-2.89%
MPC	F	-2.66%
CVX	A	-2.1%
JNJ	D	-1.67%
LYB	F	-1.56%
WMT	A	-1.38%
WMB	A	-1.23%
VLO	F	-1.18%
PYPL	B	-1.17%
KHC	D	-1.12%
PRU	B	-1.1%
EXPD	D	-1.06%
PG	D	-0.97%
JBL	A	-0.88%
PHM	D	-0.85%
SCI	A	-0.83%
MGM	D	-0.83%
CF	B	-0.74%
AMGN	C	-0.73%
IPG	F	-0.72%
BG	F	-0.71%
PSX	F	-0.71%
WFC	B	-0.64%
BMY	A	-0.64%
AN	F	-0.63%
ORI	D	-0.62%
MRO	C	-0.6%
EXPE	B	-0.59%
CRBG	B	-0.59%
CTRA	F	-0.57%
AFG	D	-0.56%
NRG	B	-0.56%
BERY	A	-0.54%
ARMK	B	-0.49%
EOG	D	-0.49%
MTG	D	-0.48%
WH	A	-0.47%
GIS	D	-0.47%
EQH	B	-0.45%
SYY	D	-0.45%
NXST	A	-0.44%
DRI	C	-0.44%
DIS	C	-0.44%
FOXA	A	-0.43%
EVR	A	-0.43%
VZ	D	-0.43%
HIG	D	-0.42%
AMG	A	-0.41%
OMF	A	-0.39%
MRK	F	-0.39%
SAIC	A	-0.37%
BC	C	-0.36%
KBH	D	-0.34%
EBAY	D	-0.33%
TRGP	A	-0.32%
TXT	F	-0.3%
RHI	C	-0.25%
RL	B	-0.24%
NVR	D	-0.24%
DVN	F	-0.22%
CNP	C	-0.2%
CPAY	B	-0.17%
FLEX	A	-0.17%
OVV	F	-0.16%
NEU	D	-0.15%
AM	C	-0.15%
FANG	F	-0.15%
PCAR	C	-0.14%
DINO	F	-0.14%
PVH	C	-0.12%
TRMB	A	-0.11%
GPK	D	-0.11%
PRI	B	-0.11%
MUSA	C	-0.11%
DVA	D	-0.1%
AOS	F	-0.1%
CHX	F	-0.09%
RDN	F	-0.08%
H	D	-0.08%
CBT	B	-0.08%
DKS	F	-0.08%
COKE	D	-0.07%
TPR	A	-0.07%
LEA	F	-0.06%
OMC	B	-0.05%
TOL	C	-0.04%
WSC	F	-0.04%
VOYA	B	-0.04%
HOG	F	-0.03%
CNM	D	-0.02%
BYD	A	-0.01%